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by j2j2j
1635 days ago
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Well, I do get you in the sense that most bitcoiners (assuming btc is the main crypto used in ur company) religiously believe that this is the actual new way of storing monetary value. It may be the case,without the problems of money printing/inflation and so on, but yeah it's still yet to be proved by the entire world as an effective means of doing so.
My company is also really into btc, and I've felt like I'm in a cult lol, but at least in the short term it feels like it's gonna go well - expect at least 30% profit if u buy low sell high within a year (that happened to me).
Is the bubble gonna burst? Maybe yeah, because of governments against a new form of money that can't be printed, maybe because its structure is destined to fail when in world scale, or maybe there will be an actually better protocol which is greener and allows instant transactions with the decentralized safety btc provides (there probably already is something like that out there and just need s more marketing/visibility).
I guess the feeling comes from the uncertainty of crypto: everybody following something nobody knows it's the actual future or not. I think the people that make me feel most like I'm in a scam are those fundamentalists of bitcoin because they all run into darkness with an unexplainable confidence haha.
My take is: short term is actually safe, buy stocks for long term. |
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